A developer's dream ... Lake Arrowhead Multi-family Property! This time it's true ... this really is a one of a kind property, and what a property it is! Covering 3.4 acres on Lake Arrowhead's venerable Lakes Course overlooking # 5 fairway and green, this unique property is zoned R-3, permitting up to four 4-unit condominiums, as required by the Lake Arrowhead Covenants. As a part of the Lake Arrowhead Association, all of the wonderful Lake Arrowhead amenities are available to all unit owners ... private access to 320-acre Lake Arrowhead, 3 waterfront parks, 2 heated swimming pools, pickle ball and tennis courts, and x-country skiing. Of course, there's also Lake Arrowhead's new $6 million Clubhouse Restaurant and Lounge. Lake Arrowhead ... Great Lake, Great Golf, and the Great Outdoors!